Hellow guys, Welcome to my website, and you are watching ADANI GROUP ACQUIRE STAKE IN NDTV #shorts #fashorts #adani #adanigroup #ndtv #ravishkumar. and this vIdeo is uploaded by FINANCIAL ADDA® at 2022-08-24T05:11:24-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | ADANI GROUP ACQUIRE STAKE IN NDTV #shorts #fashorts #adani #adanigroup #ndtv #ravishkumar |
| Video Uploader | Video From FINANCIAL ADDA® |
| Upload Date | This Video Uploaded At 24-08-2022 12:11:24 |
| Video Discription | Gautam Adani, Asia’s richest man, signalled serious intent for a play in India’s media and entertainment industry as his companies acquired a 29% stake in broadcaster NDTV Ltd and launched an open offer to acquire an additional 26% from shareholders, as mandated by law. The acquisition capped months of speculation about a potential acquisition that saw the NDTV stock rally fivefold in nine months (from ₹75.55 on 1 December to ₹376.55 on Tuesday on BSE). Adani Group companies acquired the stake in NDTV indirectly by buying Vishvapradhan Commercial Pvt. Ltd (VCPL), which owned convertible debentures (warrants that provide for the conversion of debt to equity) in RRPR Holding Pvt. Ltd that in turn owned 29.18% of NDTV Ltd. Vishvapradhan acquired the debentures in 2009-10 in return for a loan amounting to ₹404 crore it extended to the promoter holding company. Follow @financialadda.in for more . . #adani #adanipower #adanigroup #adaniports #adaniwilmar #financialadda #financialaddanews #financialaddapunjabi For full disclaimer visit. https://bit.ly/3N5sB2w Disclaimer - This video is exclusively for educational purpose. Disclaimer: 'Investments in securities market and mutual funds are subject to market risks. Read all scheme related documents carefully before investing’ #fashorts |
| Category | Education |
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